YEARLY HIGH
0.2591 MZN
YEARLY LOW
0.1648 MZN
YEARLY AVERAGE
0.1961 MZN

2015 NGN to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NGN to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.2591. Conversely, the yearly low was recorded on February 15, dropping to 0.1648.

This high-to-low spread represents a total annual volatility of 0.0943 MZN. From a start-to-finish perspective, comparing the January average rate of 0.1761 to the December average rate of 0.2434, the exchange rate registered a net change of 38.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.2591 was up 30.69% compared to the 2014 peak of 0.1983, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 259,102 MZN
2014 Average 189,410 MZN
Yearly Trough Low 164,832 MZN
Transaction Impact: A difference of 94,269.98 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.2507
0.1630
JanuMarcMayJulySeptNove

NGN to MZN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.1783, compared to 0.2139 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0356 points.

H1 Avg (Jan–Jun) 0.1783
H2 Avg (Jul–Dec) 0.2139

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0392 MZN (High: 0.2591 / Low: 0.2199). On the other end, July was the most stable month, with a tight range of 0.0040 MZN (High: 0.1953 / Low: 0.1913).

December Spread (Volatile) ±0.0392
July Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0057 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.2434) against the same month in 2014 (average: 0.1819), the exchange rate shifted by +0.0615 (+33.81%).

2015 Avg (December) 0.2434
2014 Avg (December) 0.1819

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1834 0.1691 0.1761
February 0.1768 0.1648 0.1703
March 0.1835 0.1668 0.1733
April 0.1849 0.1760 0.1796
May 0.1871 0.1762 0.1808
June 0.1936 0.1869 0.1899
July 0.1953 0.1913 0.1932
August 0.2065 0.1914 0.1970
September 0.2175 0.2061 0.2136
October 0.2173 0.2122 0.2136
November 0.2296 0.2130 0.2227
December 0.2591 0.2199 0.2434